USD/MXN Week Ahead: choppy price action to continue

Dollar weakness undermines USD/MXN performance as coronavirus cases continue to spook the market

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Euro Forecast: EUR/USD Outlook Still Bright After Six Weeks of Gains

EUR/USD has now gained ground for six successive weeks, taking it back to levels last seen in 2018, and there is still no sign of its advance tiring.

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Gold Price Weekly Outlook: Consolidating Near Record Highs

US Treasury real yields currently trade at, or close to, a record low, boosting the attraction of gold and underpinning any potential move lower.

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USD Outlook Bearish on Earnings Data, Stimulus Talks, Accommodative Fed

The US Dollar may extend its losses as demand for the haven-linked asset dwindles amid strong corporate earnings from large-cap firms and uninterrupted support from the Fed.

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Crude Oil Price Outlook Eyes OPEC Output Restart, US and China Demand

Crude oil prices may be torn between rising demand from the US and China as OPEC+ begins restoring output. Will the non-farm payrolls report give more life to WTI and Brent?

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Australian Dollar Outlook Hinges on Covid-19 Cases Ahead of RBA Rate Decision

The Australian Dollar looks set to extend gains against its major counterparts ahead of the RBA interest rate decision

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GBP/USD, AUD/JPY & More – Charts For Next Week

Cable is becoming extended into a resistance zone, while AUD/JPY chart has an appealing sequence and levels in play.

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FTSE 100 Pushing Down on Support as GBP/USD Strength Weighs

The FTSE 100 continues to probe the lower end of its short-term trading range with the recent rally in GBP/USD weighing on UK exporters.

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Euro Latest: Eurozone Posts Record GDP Contraction, EUR/USD Unfazed

Eurozone GDP posts record contraction. EUR/USD remains firm as strong momentum pushes higher.

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Crude Oil Prices May Rebound But Chart Setup Warns of Topping

Crude oil prices may rebound amid a near-term recovery in risk appetite but technical positioning warns that a broader bearish reversal may be underway.

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British Pound (GBP) Latest: GBP/USD Soars on Dollar Woes, COVID-19 Cases Spike

US dollar weakness continues unabated, helping GBP/USD make a fresh 4-month high. A fresh spike in UK COVID-19 cases should not be ignored.

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EU Stoxx 50 Index Poised To Extend Declines Ahead of Eurozone GDP Data

The EU Stoxx 50 index may extend declines on disappointing European GDP data after snapping key chart support.

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EUR/USD Rate Forecast: Extreme RSI Reading in Focus Going Into August

The extreme reading in the Relative Strength Index (RSI) warns of a further appreciation in EUR/USD like the behavior seen in June.

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Nasdaq 100 Soars on FAANG Earnings, ASX 200 and Nikkei 225 May Follow

Nasdaq 100 futures soared after Facebook, Apple, Amazon and Google smashed earnings expectations. This has opened the door for gains in the ASX 200 and Nikkei 225 ahead.

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Australian Dollar Eyes Chinese Manufacturing Data After FAANG Earnings

The Australian Dollar may extend its rise if Chinese PMI data – after FAANG earnings – boosts the growth-sensitive currency. Having said that, AUD/USD continues to wobble at key resistance.

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Crude Oil Outlook: OPEC+ Curbs Supply Cut as GDP Growth Curtails

The monumental recovery in crude oil prices has started to stall with OPEC+ gearing up to increase production as global GDP growth rebounds, but the risk of abating demand looms.

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S&P 500 Forecast: Stellar Tech Earnings Could Supercharge Risk Appetite

Investors will have a lot of information to digest to close the week after Amazon, Apple, Google and Facebook reported remarkable results after the Thursday close. How will they impact the S&P 500?

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Canadian Dollar Price Forecast: USD/CAD Pops Even as USD Drops

USD weakness has been pervasive in most major FX pairs, with this morning showing a notable exception in USD/CAD. Is the pair nearing reversal?

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Nasdaq 100, Dow Jones Forecast: Stocks Survive Fed, How About Earnings?

Stocks ticked modestly higher after Wednesday’s FOMC meeting, but volatility may yet arrive with earnings from some of the largest tech members due Thursday. Here are the levels to watch.

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EUR/JPY Latest: Potent Euro Taking a Breath

Euro strength dissipating short-term, but how long will this last with Eurozone economic announcements on the horizon?

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